Registration number: 08326701

Bubbles Realty Ltd

Contents

Balance Sheet	1 to 2
Notes to the Unaudited Financial Statements	3 to 7

Bubbles Realty Ltd

(Registration number: 08326701)
Balance Sheet as at 31 July 2026

	Note	2026 £	2025 £
Fixed assets
Tangible assets	4	1,056	1,584
Investment property	5	1,265,000	1,265,000
Other financial assets	6	250	250
		1,266,306	1,266,834
Current assets
Debtors	7	6,914	5,033
Cash at bank and in hand		8,050	32,285
		14,964	37,318
Creditors: Amounts falling due within one year	8	(458,536)	(501,502)
Net current liabilities		(443,572)	(464,184)
Total assets less current liabilities		822,734	802,650
Creditors: Amounts falling due after more than one year	8	(131,950)	(131,950)
Provisions for liabilities		(96,343)	(96,443)
Net assets		594,441	574,257
Capital and reserves
Called up share capital		100	100
Other reserves		409,873	409,873
Retained earnings		184,468	164,284
Shareholders' funds		594,441	574,257

For the financial year ending 31 July 2026 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Directors' responsibilities:

•	The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476; and
•	The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime. As permitted by section 444 (5A) of the Companies Act 2006, the directors have not delivered to the registrar a copy of the Profit and Loss Account.

Bubbles Realty Ltd

(Registration number: 08326701)
Balance Sheet as at 31 July 2026

Approved and authorised by the Board on 28 September 2026 and signed on its behalf by:
 

......................................... B M Cass Director

Bubbles Realty Ltd

Notes to the Unaudited Financial Statements for the Year Ended 31 July 2026

1	General information

The company is a private company limited by share capital, incorporated in England and Wales.

The address of its registered office is:
7a King Street
Frome
Somerset
BA11 1BH

2	Accounting policies

Summary of significant accounting policies and key accounting estimates

The principal accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all the years presented, unless otherwise stated.

Statement of compliance

These financial statements have been prepared in accordance with Financial Reporting Standard 102 Section 1A smaller entities - 'The Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland' and the Companies Act 2006 (as applicable to companies subject to the small companies' regime).

Basis of preparation

These financial statements have been prepared using the historical cost convention except that as disclosed in the accounting policies certain items are shown at fair value.

Revenue recognition

Turnover comprises the fair value of the consideration received or receivable arising from the letting of the properties owned by the company in the ordinary course of the company’s activities.

Tax

The tax expense for the year comprises current tax, and is recognised in profit or loss.

The current income tax charge is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the reporting date.

Tangible assets

Tangible assets are stated in the statement of financial position at cost, less any subsequent accumulated depreciation.

Depreciation

Depreciation is charged so as to write off the cost of assets, other than freehold properties, over their estimated useful lives, as follows:

Asset class	Depreciation method and rate
Equipment	25% per annum on cost

Bubbles Realty Ltd

Notes to the Unaudited Financial Statements for the Year Ended 31 July 2026

Investment property

Investment property is carried at fair value, derived from the current market prices for comparable real estate determined annually by external valuers. The valuers use observable market prices, adjusted if necessary for any difference in the nature, location or condition of the specific asset. Changes in fair value are recognised in profit or loss.

Trade debtors

Trade debtors are amounts due from tenants for rent receivable in the ordinary course of business.

Trade creditors

Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of business from suppliers, and are recognised initially at the transaction price.

Borrowings

Interest-bearing borrowings are initially recorded at fair value, net of transaction costs. Interest-bearing borrowings are subsequently carried at amortised cost, with the difference between the proceeds, net of transaction costs, and the amount due on redemption being recognised as a charge to the profit and loss account over the period of the relevant borrowing.

Interest expense is recognised on the basis of the effective interest method and is included in interest payable and similar charges.

Borrowings are classified as current liabilities unless the company has an unconditional right to defer settlement of the liability for at least twelve months after the reporting date.

3	Staff numbers

The average number of persons employed by the company (including directors) during the year, was 2 (2025 - 2).

Bubbles Realty Ltd

Notes to the Unaudited Financial Statements for the Year Ended 31 July 2026

4	Tangible assets

	Equipment £	Total £
Cost or valuation
At 1 August 2025	3,266	3,266
At 31 July 2026	3,266	3,266
Depreciation
At 1 August 2025	1,682	1,682
Charge for the year	528	528
At 31 July 2026	2,210	2,210
Net book value
At 31 July 2026	1,056	1,056
At 31 July 2025	1,584	1,584

5	Investment properties

	2026 £
At 1 August	1,265,000
At 31 July	1,265,000

It is of the directors' belief that the investment properties are valued at a fair value.

Bubbles Realty Ltd

Notes to the Unaudited Financial Statements for the Year Ended 31 July 2026

6	Other financial assets (current and non-current)

	Financial assets at cost less impairment £	Total £
Non-current financial assets
Cost or valuation
At 1 August 2025	250	250
At 31 July 2026	250	250
Impairment
Carrying amount
At 31 July 2026	250	250

7

Debtors

	2026 £	2025 £
Other debtors	6,574	4,750
Prepayments	340	283
	6,914	5,033

8

Creditors

Amounts falling due within one year

	2026 £	2025 £
Due within one year
Taxation and social security	4,818	2,696
Other creditors	310,235	374,189
Loan from directors	143,483	124,617
	458,536	501,502

Amounts falling due after more than one year

	Note	2026 £	2025 £
Due after one year
Loans and borrowings	9	131,950	131,950

Bubbles Realty Ltd

Notes to the Unaudited Financial Statements for the Year Ended 31 July 2026

9	Loans and borrowings

Non-current loans and borrowings

	2026 £	2025 £
Other borrowings	131,950	131,950

Bank borrowings

Interest only Mortgage is denominated in £ with a nominal interest rate of 2.84%, and the final instalment is due on 28 December 2046. The carrying amount at year end is £131,950 (2025 - £131,950). Contains fixed charge and negative pledge on 7 Bridge Court, Westbury, Wiltshire BA13 3FB.

10	Related party transactions

Summary of transactions with other related parties

Included within creditors is £ 0 (2025: £64,030) owed to another company which is jointly owned by the Directors.

Also included in other creditors is a loan from two non-director shareholders of the company. At the year end the amount due to the non-director shareholders was £300,000 (2025 £300,000).